Master Trader – How to Create and Use a Trading Check List
Professional traders have a Pre-Trade Checklist – Trading Plan before executing a trade.
Rules and discipline to follow them insures success and profits.
Having a personal Trading Plan will make your trading and position management more confident and clearer — and help keep a proper mindset without emotion.
Having a personal Trading Plan will make your trading and position management more confident and clearer — and help keep a proper mindset.
Trading is all about finding high probability Setups, then Enter and Manage them.
Then you simply need the Discipline and Patience to follow Your Plan and Method!
A Trading Checklist will help you carry out your approach objectively and with success.
This session will bring clarity to what confuses the majorities.
A trading plan is a set of rules and guidelines that shape and define your trading behavior, including but not limited to: financial goals, money management rules, risk management techniques and criteria for opening and closing positions.
When followed, a trading plan will help limit trading mistakes, impulse trades and minimize your losses.
What You’ll Learn In How to Create and Use a Trading Check List
- The importance of a Trading Plan and how to begin creating one for Your approach.
- How to create a Trading Checklist using Master Trader’s Techo-Fundamental Approach
- We will show live charts to help you create this Checklist, which include such things as:
- Specific setups to trade, a universe of stocks and ETFs to trade stocks and options on.
- Master Trader Strategies (MTS) position sizing, and position management.
- Well scan for new trade setups in Stocks and ETFs and discuss what to look for in trading them.
